Practical Financial Management: A Guide to Budgets, Balance Sheets and Business Finance

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Kogan Page, 2008 - Business enterprises - 196 pages

Entrepreneurs need to be financially literate. The most common cause of business failure is poor financial control stemming from an ignorance of the basics of business finance.

Practical Financial Management is intended to help those who find business finance confusing. Now in its seventh edition, it continues to provide advice on proper financial planning and control, and reinforces essential points through the use of questions within each section. Beginning with an introduction to the key financial statements, it moves on to look at the tools of financial analysis - the keys to controlling a business successfully. The final part of the book deals with business planning and budgeting, a vital area of business finance as most new ventures cannot get off the ground without a business plan, and existing businesses cannot expand.

An invaluable read for aspiring entrepreneurs and those already in business, this book could mean the difference between success and failure.

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About the author (2008)

Colin Barrow MBA was until recently Head of the Enterprise Group at Cranfield School of Management, UK, where he taught entrepreneurship on the MBA and other programmes. He is also a visiting professor at business schools in the US, Asia, France, Ireland and Austria. Previous books published with Kogan Page Ltd include The Business Plan Workbook, Financial Management for the Small Business, The Successful Entrepreneur's Guidebook and Starting a Business From Home (part of the new Business Enterprise series).

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